What is WES's current EV/EBITDA?

Western Midstream Partners, LP's current EV/EBITDA is 11.5, which is above average relative to its 10-year historical range.

What is the 10-year average EV/EBITDA for WES?

The approximate 10-year median EV/EBITDA for WES is 9.7. The current reading of 11.5 is above average.

Western Midstream Partners, LPWES

$42.96-0.72 (-1.65%)

NYSEEnergy24:00 UTC

Earnings & Price

Price EPS (TTM)P/E ratio PEG

Book & Enterprise

P/B EV/EBITDA

Dividend

Dividend Yield Payout Ratio Div / Share

Cash & Leverage

FCF Yield Net Debt / EBITDA

An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.

Formula(Market Cap + Net Debt) / EBITDA

Full guide

EV/EBITDA History

Historically priceyAbove avgAround avgBelow avgHistorically cheap

No data available

How to read this chart

Unlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.

Key caveats

EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.

Is WES EV/EBITDA High or Low Right Now?

Western Midstream Partners, LP's EV/EBITDA is currently 11.5, which is above average relative to its 10-year historical range. The 10-year median EV/EBITDA for WES is approximately 9.7. See all WES valuation metrics →

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